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Politics : Formerly About Applied Materials

AMAT 318.63

-3.0%

Feb 3 3:59 PM EST

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To: jtechkid who wrote (17034)	3/4/1998 6:17:00 PM
From: akidron	of 70976

FYI **OFF TOPIC** re... le box makers.... like CPQ (I can't believe I said it) Intel First Quarter to be Below Expectations; Lower than Anticipated Demand Impacting Results Business Wire - March 04, 1998 16:30 -------------------------------------------------------------------------------- SANTA CLARA, Calif.--(BUSINESS WIRE)--March 4, 1998--Weaker than anticipated demand, particularly in OEM turns (orders from PC manufacturers to be shipped within the quarter), is expected to cause revenue and net income levels to fall below Intel's expectations for the first quarter of 1998, the company said today. When Intel announced fourth quarter earnings in January, the expectations were that revenue in the first quarter of 1998 would be approximately flat with fourth quarter revenue of $6.5 billion. The outlook for the first quarter has been revised from the view presented in the fourth quarter 1997 earnings report on Jan. 13, 1998.

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